4/A: Mill Road Capital III, L.P. Amends Form 4 to Reflect Put Option Expiration in Alta Equipment Group Inc. (ALTG)
Ownership Disclosure
Mill Road Capital III, L.P. files an amendment to its Form 4 to report the expiration of put options related to Alta Equipment Group Inc. on July 19, 2024.
Summary
- Mill Road Capital III, L.P. filed an amendment to its Form 4 on July 26, 2024, to update its beneficial ownership in Alta Equipment Group Inc. (ALTG).
- The amendment addresses the expiration of 3,450 put options on July 19, 2024.
- Each put option became exercisable on various dates between March 5, 2024, and May 10, 2024.
- The shares reported are directly held by Mill Road Capital III, L.P., with Mill Road Capital III GP LLC as the sole general partner.
- Thomas E. Lynch, as a management committee director of the GP, shares authority over these shares.
- The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Management Comments
- Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership, which is common for entities holding significant positions in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership structure and changes in positions of major stakeholders.
Key Dates
| Date | Description |
|---|---|
| 2024-03-05 | Earliest date put options became exercisable |
| 2024-05-10 | Latest date put options became exercisable |
| 2024-07-19 | Expiration date of 3,450 put options |
| 2024-07-23 | Date of original Form 4 filing |
| 2024-07-26 | Date of Form 4/A filing (amendment) |
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